Sunday, 23 November 2014
Last updated 2 days ago
Jun 3 2008 | 2:00am ET
A Morgan Stanley proprietary trader has joined Brevan Howard Asset Management, and the London-based hedge fund is in talks with his boss.
Shikhar Ranjan has already agreed to join the US$21 billion firm, TheStreet.com reports. He, his boss Mike Pohly and colleague Jared Epstein have left Morgan Stanley, reportedly among 1,500 layoffs firm-wide layoffs. Pohly is now in discussions about joining Brevan Howard, but no agreement has yet been struck, TheStreet says.
Pohly’s group is not thought to be responsible for the billions in losses that Morgan prop desks have suffered recently.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...